CPI Shaving?

[John K. Taber]

Tom Lehman wrote:
> 
> Dear Jim,
> 
> I think The Nation is referring to US Savings Bonds being given some inflation
> protection to encourage small savers to buy them.

Nuh-uh, not savings bonds. These are the new fangled inflation-indexed
treasury notes, where the interest paid goes up or down with
inflation, as measured by the CPI. They are fully liquid (buy and
sell from a broker at any time). Savings Bonds are non-marketable.

-- 
Those are my principles, and if you don't like them, I have others.

                                                      --Groucho Marx